Canadian man says kidnappers wanted to torture him for his Bitcoin: Report
An unnamed Canadian man says he’s been forced to move from one Airbnb to another to evade his suspected kidnappers.
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Bitcoin isn't a worthy reserve asset, Swiss central bank president says: Report
Swiss National Bank President Martin Schlegel said Bitcoin is too volatile and lacks sufficient liquidity to be a reserve asset, which is currently being proposed in Switzerland. Swiss National Bank (SNB) President Martin Schlegel reportedly doesn’t want to make Bitcoin a reserve asset in Switzerland — citing a lack of stability, liquidity concerns and security

Tether claims to have increased total assets by $21B in new accounting review
Tether Holdings Limited, the company behind the USDT stablecoin, released an independent accountant report on Monday claiming that its tokens are fully backed by its reserves. Moore Cayman, an accounting network based in the Cayman Islands, reviewed Tether’s latest Consolidated Reserves Report, or CRR, and determined that the company met its reserve obligations for the period…

Blockchain’s use in healthcare ‘essential’ to protect sensitive data: Zelis CTO
Kali Durgampudi, the CTO of healthcare payments company Zelis, believes that the implementation of blockchain tech is vital for protecting patients' sensitive data from cybercriminals.Speaking with Health IT News on July 20, Durgampudi noted that some of the biggest issues in healthcare are privacy and data security as the industry works to digitize its “archaic…

Bizarre $600K Elon Musk crypto statue marketing stunt falls flat
Tesla CEO Elon Musk has seemingly given the cold shoulder to a $600,000 monument of him in goat form — which was created as part of a bizarre crypto marketing stunt.Delivered to Tesla’s Austin headquarters on Nov. 26, the 30-foot, 12,000-pound metal statue of Elon Musk was part of a publicity stunt by the co-founders…

Buying Crypto With The Apple Card Violates Its Customer Agreement
According to the Apple Card Customer agreement, users will not be permitted to buy cryptocurrencies using the company’s upcoming credit card service.Goldman Sachs published the agreement on July 2, according to a report by Reuters on the same day. As per the report, American tech giant Apple is releasing the Apple Card in partnership with…

Coincover secures $30 million in funding to strengthen digital asset security
The funding round was led by Foundation Capital, with follow-on investment from CMT digital. 57 Total views 1 Total shares Own this piece of history Collect this article as an NFTLondon-based digital asset protection firm, Coincover, has secured $30 million in a funding round led by Foundation Capital, with a follow-on investment from CMT digital. According…

CoinShares and BNC support new high-performance DeFi derivatives exchange
The exchange is hosted on a layer two platform and uses Dai for margin. 1236 Total views 14 Total shares Leverj, a non-custodial derivatives platform based on an Ethereum sidechain, announced on Tuesday their cooperation with leading industry participants to support the launch and marketing of its exchange.The exchange offers perpetual swaps for Bitcoin (BTC)…

US Court of Appeals reboots HEX manipulation case against Binance.US
A panel of three judges has partially reversed a class-action lawsuit that alleged Binance.US and CoinMarketCap manipulated the price of the HEX token.